Thank you for supporting small Cardano stake pools.
Dynopool (ticker DYNO) was created from a simple desire to to support and promote decentralization of the Cardano network and to positively contribute to the Cardano Ecosystem. The stake pool was registerd on the blockchain during Epoch 311 -- December 2021.
Learn about Cardano at Cardano.org.Cardano.org
Dynopool consists of two Dell OptiPlex 7020 Ubuntu Linux servers and one Raspberry Pi web-server also running Ubuntu. The Dell OptiPlex servers are configured as a relay node and a block producing node and are dedicated to the Cardano network. The Raspberry Pi is hosting this webpage. The system is maintained in a secure location near St. Louis, Missouri, USA, and is fed by a reliable, high-speed 200Mb+ internet connection.
Discover more about DYNO at PoolTool.ioDYNO
A Cardano stake pool is a collection of computer hardware and software configured to interact with the blockchain. A stake pool maintains an up-to-date copy of the blockchain and can 'mint blocks', meaning it can validate transactions on the blockchain when chosen to do so by the network. Ouroboros is the protocol on the Cardano network that distributes network control across stake pools and is a Proof-of-Stake protocol. Ouroboros chooses which stake pool will mint or validate a block based on the amount of 'stake' they have in the network. Stake pools are rewarded for adding blocks to the chain.
Proof-of-Stake is a different concept than Proof-of-Work. With proof of work all of the 'miners' are competing to validate transactions and whomever has the best equipment and most power has the best chance of winning the battle, and receiving the award.
To learn more about Cardano stake pools, visit Cardano Docs.Cardano Docs
For anyone holding ADA, staking that ADA to a Cardano stake pool is the way. ADA held on the Cardano network represents a stake in the network, with the size of the stake proportional to the amount of ADA held. The ability to delegate or pledge a stake is fundamental to how Cardano works.
Bottom line, decentralization is key to the success of Cardano, such that no one entity will control a majority of the ADA stake.
You can support decentralization by supporting small stake pools.
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Updated May 19, 2022